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Re: None

Monday, 08/21/2017 11:16:24 AM

Monday, August 21, 2017 11:16:24 AM

Post# of 28181
"As of August 11, 2017, there were 1,847,264,078 shares of the registrant’s common stock issued and outstanding."

"Cumulative operating and other losses since inception are approximately $29.0 million and non cash derivative losses are $33.1 million."

"In the latter half of 2017, the company projects $300,000 in revenue from the completion of the Combilift Mark 5 contract. An engine for the FSDS contract has been delivered in the third quarter and the final engine is anticipated to be delivered and accepted prior to year end. The remaining $75,000 balance of the contract is contractually required upon delivery. IBES is negotiating to purchase 5 more beta site projects with anticipated additional revenue from sales of $80,000. We anticipate delivering manufactured products thru our integrators and manufacturers by the fourth quarter of 2017. The Company has signed three contracts for deliverables and anticipates purchase orders for manufactured engines by end of third quarter of 2017."

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